Norilsk Nickel’s Polar transportation division resumes its operations after spring flood

Norilsk Nickel announces that in June Polar Transportation Division (PTD) resumed its operations after spring flood.

On May 19, 2011 Yenissey river water level rise and sea berths flooding put a stop to winter navigation.

Seasonal navigation suspension takes place annually in May and lasts approximately one month. During this period MMC Norilsk Nickel continues to fulfill its delivery obligations to the customers.

This year 13.30 m water level rise failed to damage 14 m river berths. Currently, vessels are serviced by crane boats. After the descent of port cranes to the berths, Production and Loading Complex No. 2 will reach full-scale capacity. Suspension of PTD activities did not affect MMC Norilsk Nickel’s current operations, all tasks are accomplished in full compliance with the approved production and delivery plans. Sea berths water level is expected to go down by the end of June.

MMC Norilsk Nickel’s Polar Transportation Division services both river and sea vessels. MMC Norilsk Nickel’s products, cargos and consumer goods are shipped from Dudinka port to Norilsk Industrial Area.

ABOUT MMC NORILSK NICKEL

MMC Norilsk Nickel, a company incorporated under the laws of the Russian Federation, is the largest diversified mining and metals company in Russia, the world's largest producer of nickel and palladium and one of the world's largest producers of platinum, rhodium, copper and cobalt. In addition to this, MMC Norilsk Nickel produces a large number of other by-products, including gold, silver, tellurium, selenium, iridium and ruthenium.

The key production units of the Company’s group in Russia are at the Polar and Kola Peninsulas. MMC Norilsk Nickel international assets include operations in Finland, Australia, Botswana and South Africa.

MMC Norilsk Nickel’s shares are traded at MICEX-RTS. ADR’s on the Company’s shares are traded on the other the counter market in the US and at the London and Berlin stock exchanges.